Five and Under

[cintrix]

VILW - excellent news people:

VillageWorld.com Receives Initial Contract Worth Approximately $4 Million With


Additional Future
Contracts Up to $40 Million to Upgrade Royal Saudi Air Force Bases

Business Editors

BOHEMIA, N.Y.--(BUSINESS WIRE)--Oct. 16, 2001--VillageWorld.com,
Inc. (OTC BB: VILW), a provider of secure network solutions to
military, commercial and defense industry contractors, today announced
that it has received a multi-year, multi-million dollar sub-contract
from its affiliated company ATTI International Development, Inc.
The company will implement a LAN/WAN solution for the Royal Saudi
Air Force (RSAF). The project will be a multi-year initiative that
will constitute a comprehensive upgrade and redevelopment of systems
currently in use by the RSAF.
The Company expects to upgrade other Royal Saudi Air Force
military bases, as a subcontractor to ATTI International Development,
Inc. with each location estimated to cost between $4 and $8 million
per location. VILW expects to provide engineering, network design,
equipment and installation services for these systems. Ongoing annual
maintenance fees are expected to equal about 20% of the contract
price. The initial contract is for the upgrade of Prince Sultan Air
Base for a price of approximately $4,000,000. If this installation
proceeds according to plan, the Company expects to get orders for
additional locations after work has begun on the first base. ATTI
International Development, Inc. estimates that all LAN/WAN upgrades
for the 14 locations throughout the kingdom of Saudi Arabia could
reach several hundred million over the next 3-4 years. The Company
believes it is in the lead position for these additional projects.
VILW President Peter Keenan stated, "Overnight the world has
become a very dangerous place. As the United States of America
prepares to execute military action against those who have taken the
lives of over 6,000 Americans, the US will be calling upon its Middle
East Allies for certain military and logistical support. VILW's
expertise will aid in this sustained effort and will enable the RSAF's
LAN/WAN systems to operate at increased efficiencies." The contract is
subject to approval by the US Air Force, which is expected to give its
approval on an expedited basis.
Mr. Keenan concluded, "We are pleased to have been selected to
provide these vital systems as a subcontractor to ATTI International
Development, Inc. The company expects to leverage our success in Saudi
Arabia to provide similar services to Armed Forces throughout the
world."

About VillageWorld.com
VillageWorld.com designs, supplies, implements, operates and
maintains high-speed data networks for universities, public school
systems, the military and business including all related hardware,
software and network facilities. The Company also provides
Internet/Intranet messaging and security products and chat room,
shopping cart, advertising, web hosting and co-location software and
services. The Company is a reseller for Cisco Systems (CSCO), Lucent
Technologies (LU), Nortel Networks (NT), Sun Microsystems (SUNW) and
others in the Network Integration business.

This press release contains forward-looking statements that
involve risks and uncertainties that could cause actual results to
differ materially from those set forth in the forward-looking
statements. These risks and uncertainties are described in the
Company's filings with the SEC.

--30--kk/ny*

CONTACT: VillageWorld.Com, Inc.
Peter Keenan, 631/218-0700
[e-mail]
www.villageworld.com

KEYWORD: NEW YORK
INDUSTRY KEYWORD: AEROSPACE/DEFENSE COMPUTERS/ELECTRONICS HARDWARE
NETWORKING SOFTWARE
SOURCE: VillageWorld.Com, Inc.

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Oct-16-2001 12:18 GMT
Symbols:
US;VILW
Source BW Business Wire
Categories:
MST/R/US/NY MST/I/ARO MST/I/CPM MST/I/CMT MST/I/SOF